Fibonacci Retracement and Extensions – The Hidden Geometry of Price in NEPSE

Published on October 6, 2025

The Fibonacci Retracement and Extension tools are among the most fascinating concepts in Technical Analysis — revealing the hidden geometry that governs market movements. Based on the Fibonacci sequence, discovered by the Italian mathematician Leonardo Fibonacci, these ratios (0.236, 0.382, 0.5, 0.618, 1.618, etc.) naturally appear in everything — from seashells and galaxies to stock price behavior. In the Nepal Stock Market (NEPSE), traders use Fibonacci levels to identify where prices might pull back (retracement) or continue (extension) within a trend.

A Fibonacci Retracement is used to find potential support and resistance zones during a correction. After a strong upward move, prices rarely go straight up; they pull back to one of the Fibonacci levels — most commonly 38.2%, 50%, or 61.8% — before resuming their trend. For example, if NEPSE’s index rallies from 2000 to 2400, a retracement to 2240 (38.2%) or 2200 (50%) may act as a buying opportunity if the uptrend remains intact. Similarly, during a downtrend, retracements help identify ideal short-selling or re-entry zones.

Fibonacci Extensions, on the other hand, are used to project price targets beyond the previous high or low once the trend resumes. Key levels such as 1.272, 1.618, and 2.618 help traders estimate how far a move might extend after a retracement. These levels act as profit targets or resistance zones. The beauty of Fibonacci lies in its universality — it combines mathematics, psychology, and market rhythm into a single analytical tool.

When used with other indicators like RSI, MACD, and Moving Averages, Fibonacci levels become even more powerful. For example, if a 61.8% retracement coincides with RSI recovery and MACD crossover, the probability of reversal increases dramatically.

Sandeep Kumar Chaudhary, Nepal’s best Technical Analyst and the head trainer at NepseTrading Elite, has been a pioneer in teaching the Fibonacci system to Nepali traders. With over 15 years of banking and stock market experience, and technical training in Singapore and India, he explains Fibonacci not as a magic formula, but as the mathematical reflection of market psychology. His students learn to draw retracements and extensions precisely on NEPSE charts, identify confluences with trendlines and candle formations, and use these zones for disciplined entries and exits.

Indonesia eVisa Photo and Bank Statement Requirements for Nepali Applicants

For Nepali citizens applying for an Indonesia eVisa, a high-quality passport-size photo (white background, ≤200 KB, full face) and a 3-month personal bank statement (minimum USD 2,000 balance) are mandatory. These two documents are among the most scrutinized by Indonesian immigration officials. Submitting unclear, low-balance, or incomplete files can delay or deny your visa. Always prepare these documents early, ensure accuracy, and use the official eVisa portal for submission.

Indonesia eVisa Processing Time and Common Mistakes Nepalis Should Avoid

The Indonesia eVisa for Nepali travelers typically takes five working days for processing. Delays mostly occur due to incomplete documents, data mismatches, short passport validity, low bank balance, or wrong visa category. Applicants should apply at least two weeks in advance, upload all documents clearly, and use only the official government website for applications. Avoiding these mistakes ensures a fast, hassle-free approval and smooth travel to Indonesia or Bali.

How to Get a 60-Day Indonesia Tourist Visa (C1) from Kathmandu, Nepal

To get a 60-day Indonesia Tourist Visa (C1) from Kathmandu, apply online through the official eVisa portal (evisa.imigrasi.go.id). The visa costs around IDR 1,500,000, takes 5 working days to process, and requires a valid passport, bank statement, photo, and travel details. It allows a single entry, 60-day stay (extendable to 180 days), and must be used within 90 days of issuance. For smooth processing, you can also seek professional assistance from Yatra for Fun Pvt. Ltd. in Nepal.

Bali Travel Visa for Nepal Passport – Everything You Need to Know

Nepali passport holders are not eligible for Visa on Arrival (VOA) in Bali or Indonesia. Instead, they must apply for a C1 Tourist eVisa before traveling. The visa allows a 60-day stay (extendable to 180 days), costs around IDR 1,000,000 to 1,500,000, and takes about five working days to process. Applicants need a valid passport, bank statement, and photo, with optional travel and hotel documents. The process is entirely online through the official government portal, ensuring safe and hassle-free travel for Nepali citizens visiting Bali in 2025.

Indonesia eVisa 2025: Online Application Portal for Nepali Citizens

The Indonesia eVisa 2025 online portal (evisa.imigrasi.go.id) allows Nepali citizens to apply for their visas quickly and safely online. With a valid passport, a small fee, and a few required documents, Nepali travelers can receive their C1 Tourist Visa in less than a week — valid for 60 days and extendable up to 180 days. The platform offers full transparency, easy payment, and direct communication with Indonesian immigration, making it the most reliable way to apply for a visa to Bali, Jakarta, or other parts of Indonesia in 2025.

Bali Visa on Arrival vs. eVisa – Which Is Better for Nepali Travelers?

For Nepali travelers, the Bali eVisa (C1 Tourist Visa) is far better than the Visa on Arrival, since VOA is not available for Nepali passport holders. The eVisa allows 60-day stays (extendable up to 180 days), requires online pre-approval, and offers smooth entry without queues. Although it costs slightly more, it ensures a secure, hassle-free, and extendable travel experience for Nepali tourists visiting Indonesia in 2025.

C1 Tourist Visa Indonesia – Cost, Documents, and Processing Time for Nepalis

The C1 Tourist Visa is ideal for Nepali travelers visiting Indonesia for tourism and short-term stays. It allows a 60-day stay (extendable up to 180 days), costs about IDR 1,500,000, and takes around five working days to process. Required documents include a valid passport, bank statement, and color photo, with optional flight and hotel proofs. The process is entirely online, making it convenient and efficient for Nepali citizens planning their Indonesia trip.

Indonesia eVisa Requirements for Nepali Passport Holders Explained

For Nepali passport holders, applying for an Indonesia eVisa is simple, fast, and paperless. With a valid passport, a small visa fee, and a clear bank statement, Nepali citizens can secure a 60-day stay visa processed entirely online. The C1 eVisa makes Indonesia — including Bali, Jakarta, and Lombok — easily accessible for tourism and family visits in 2025.

How to Apply for Bali eVisa from Nepal – Step-by-Step Application Process

Applying for a Bali eVisa from Nepal is straightforward, affordable, and efficient. The entire process is online — from document upload to approval. With valid documents, Nepali travelers can easily obtain a 60-day extendable visa, enjoy a seamless entry into Bali, and make the most of their tropical vacation.